February 29, 2012

One of the investments Jim Rogers likes most is the Renminbi (RMB) or so called “Yuan”

Jim Rogers believes that it will double or triple in the next decade or two, similarly to what the yen did in the past. He owns the Renminbi and every time he can, he buys more. According to private bankers, banks in Singapore offer accounts to foreign citizens, where they can buy offshore Yuan, and put it on deposit for yield of up to 1.3% per year. That seems the best option for people who want to buy yuan.

Jim Rogers is an great investor, author and respected financial commentator. He is a regular guest on different TV programs like these of Barron's, FT, Wall Street Journal, New York TImes, Fortune and CNBC. Rogers is the president of Rogers Holdings and Beeland Interests.